Latest research report on “Axle Shaft Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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An axle is a part of the transmission assembly of an automobile. The main purpose of an axle is to bear the weight of the vehicle and also maintain the position of wheels relative to each other and to the vehicle body. Axles can either be live-axles or non-driving axles. In an automobile, live axles help in transmitting the power from engine on to wheels via the drive shaft.
This report contains market size and forecasts of Axle Shaft in global, including the following market information:
Global Axle Shaft Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Axle Shaft Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Axle Shaft companies in 2021 (%)
The global Axle Shaft market was valued at 16230 million in 2021 and is projected to reach US$ 18050 million by 2028, at a CAGR of 1.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Propeller Shaft Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Axle Shaft include GKN, NTN, SDS, Dana, Nexteer, Hyundai-Wia, IFA Rotorion, Meritor and AAM, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Axle Shaft manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Axle Shaft Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Axle Shaft Market Segment Percentages, by Type, 2021 (%)
– Propeller Shaft
– Half Shaft
– Axle Shaft
Global Axle Shaft Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Axle Shaft Market Segment Percentages, by Application, 2021 (%)
– Passenger Vehicle (Ex. SUV)
– SUV & Truck
– Commercial Vehicle (Ex. Truck)
Global Axle Shaft Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Axle Shaft Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Axle Shaft revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Axle Shaft revenues share in global market, 2021 (%)
Key companies Axle Shaft sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Axle Shaft sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– IFA Rotorion
– GNA Enterprises
– Talbros Engineering
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